Mitsubishi UFJ Trust & Banking Corp Reduces Stake in Ryanair Holdings PLC $RYAAY

Mitsubishi UFJ Trust & Banking Corp decreased its stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 40.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 189,103 shares of the transportation company’s stock after selling 128,760 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Ryanair were worth $13,651,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in RYAAY. Capital World Investors lifted its holdings in Ryanair by 9.3% during the 3rd quarter. Capital World Investors now owns 30,738,934 shares of the transportation company’s stock worth $1,851,043,000 after purchasing an additional 2,626,911 shares in the last quarter. Capital International Investors lifted its holdings in Ryanair by 2.7% during the 3rd quarter. Capital International Investors now owns 37,465,187 shares of the transportation company’s stock worth $2,250,932,000 after purchasing an additional 1,002,457 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Ryanair by 658.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 992,245 shares of the transportation company’s stock worth $42,041,000 after acquiring an additional 861,361 shares during the last quarter. Voloridge Investment Management LLC increased its stake in Ryanair by 315.0% in the 3rd quarter. Voloridge Investment Management LLC now owns 655,021 shares of the transportation company’s stock worth $39,445,000 after acquiring an additional 497,174 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Ryanair by 13.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,176,538 shares of the transportation company’s stock worth $191,291,000 after acquiring an additional 376,145 shares during the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Price Performance

RYAAY opened at $54.47 on Friday. The stock’s 50 day simple moving average is $60.95 and its 200 day simple moving average is $64.96. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.67 and a quick ratio of 0.67. Ryanair Holdings PLC has a 1 year low of $49.39 and a 1 year high of $74.24. The firm has a market cap of $28.43 billion, a price-to-earnings ratio of 10.94, a PEG ratio of 0.55 and a beta of 1.26.

Analyst Upgrades and Downgrades

RYAAY has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Ryanair in a research note on Thursday, January 15th. Zacks Research lowered Ryanair from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. Royal Bank Of Canada restated an “outperform” rating on shares of Ryanair in a research note on Thursday, January 8th. Wall Street Zen lowered Ryanair from a “buy” rating to a “hold” rating in a research note on Sunday, January 25th. Finally, Morgan Stanley restated an “overweight” rating on shares of Ryanair in a research note on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $75.67.

Ryanair Profile

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.